42 Torrens Street, Marong, VIC 3515 | Property Value & History | OnTheHouse
OFF MARKET

42 Torrens Street
Marong VIC 3515

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 140m2
Land area: 2129m2
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Property Details for 42 Torrens St, Marong

42 Torrens St, Marong is a 3 bedroom, 1 bathroom House and was built in 1985. The property has a land size of 2129m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
1985
Floor Size
140m2
Land Size
2129m2
Local Government
Greater Bendigo
Lot/Plan
10~6/PP5505

Last Listing description (October 2026)

Positioned on a substantial 2,129m (approx.) allotment in the heart of rapidly growing Marong, 42 Torrens Street presents an exceptionally rare opportunity to secure a property with an approved planning permit for a childcare centre, while also offering an existing residence with immediate holding income potential. The property is improved by a comfortable red cedar featuring a practical layout, established gardens and several shedding and outbuildings, providing flexibility for a purchaser looking to occupy, lease or hold the property while preparing for future development. Mature native trees frame the front of the property, creating an attractive streetscape and enhancing the existing home. What truly sets this property apart is the significant planning work already completed. The City of Greater Bendigo has granted approval for the development of a childcare centre, removing much of the time, uncertainty and expense typically associated with securing planning approval. The permit allows purchasers to fast-track their plans in one of the region's fastest-growing communities. Ideally located just metres from Marong Primary School and within easy walking distance of the town centre, general store, community hall, kindergarten and public transport, the site is perfectly positioned to service the growing number of young families choosing to call Marong home. Bendigo's CBD is only around 15 minutes away via the Calder Highway, further enhancing the area's appeal. Whether you're a childcare operator looking for your next location, a developer seeking a permit-approved project, or an investor wanting to landbank in a high-growth township, 42 Torrens Street delivers a truly unique opportunity with outstanding future potential. **Property Features** * 2,129m (approx.) allotment.* Existing brick residence with established gardens.* Multiple sheds and outbuildings.* Approved planning permit for a childcare centre.* Walking distance to Marong Primary School, kindergarten and township amenities.* Excellent access to the Calder Highway and approximately 15 minutes to Bendigo.* Rare opportunity to secure a development-approved site in a thriving growth corridor.

Property History for 42 Torrens St, Marong, VIC 3515

A timeline of how this property has performed in the market
Last Sold
$342,500
26 Jun 2017
  • 05 Aug 2026
    Listed for Sale $1,100,000
  • 26 Jun 2017
    Sold for $342,500
  • 12 May 2017
    Listed for Sale $349,000
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About Marong 3515

The size of Marong is approximately 76.1 square kilometres. There are 2 parks, covering nearly 1.8% of the total area. The population of Marong in 2016 was 1416 people. By 2021 the population was 2005 showing a population growth of 41.6% in the area during that time. The predominant age group in Marong is 0-9 years. Households in Marong are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marong work in a trades occupation.In 2021, 86.80% of the homes in Marong were owner-occupied compared with 82.10% in 2016.

Marong has 1,198 properties. Over the last 5 years, Houses in Marong have seen a 25.07% increase in median value, while Units have seen a 182.13% increase. As at 30 September 2026:

  • The median value for Houses in Marong is $718,172 while the median value for Units is $319,429.
  • Houses have a median rent of $550.
There are currently 10 properties listed for sale, and no properties listed for rent in Marong on OnTheHouse. According to Cotality's data, 35 properties were sold in the past 12 months in Marong.

Suburb Insights for Marong 3515

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.